Investor Ideas #Potcasts, #Cannabis News and Stocks on the Move; (CSE: $MWM.C) (TSXV: $KHRN.V)
(TSX: $TRST.TO) (NYSE: $CTST) (CSE: $ISH.C) (CSE: $TGIF.C)
Delta, Kelowna, BC –April 8,
2019 (Investorideas.com Newswire) www.Investorideas.com, a global news source
covering leading sectors including marijuana and hemp stocks and its potcast
site, www.potcasts.ca release today’s edition of Investorideas.com potcastsCM -
cannabis news and stocks to watch plus insights from thought leaders and
experts.
Listen to the podcast:
Read this in full
at https://www.investorideas.com/news/2019/cannabis-potcasts/04081MWM-KHRN-TRST-CTST-ISH-TGIF.asp
Today’s podcast overview/transcript:
Good
afternoon and welcome to another Investorideas.com “potcast” looking at
cannabis news, stocks to watch as well as insights from experts and industry
leaders.
Today
we are looking at announcements from Micron Waste Technologies Inc., Khiron Life Sciences Corp., CannTrust
Holdings Inc., Inner Spirit Holdings Ltd. and 1933 Industries Inc..
Micron Waste Technologies Inc., (CSE:
MWM) (OTC:
MICWF) a leading developer of waste treatment
systems for food and cannabis waste, announced
today an expanded collaboration with BC Research Inc. (BCRI) to facilitate rapid
commercialization of the Company's second-generation food waste processing
system. The new Organivore™ 2.0, designed for on-site waste processing for
commercial producers of food waste, including supermarkets and food processors,
producers and distributors, will combine new innovations developed for the
CannavoreTM system, which Micron and BCRI purpose-built for the
cannabis industry. Micron and BCRI will now rapidly install new technologies
and applications into the Organivore™ 2.0, with market readiness anticipated in
the second half of this year.
Organivore offers a cleantech solution to
conventional waste treatments. Roughly one-third of the food produced in the
world for human consumption every year - approximately 1.3 billion tonnes - is
lost or wasted. Food losses and waste amounts to roughly US$680 billion in
industrialized countries and US$310 billion in developing countries (FAO). Much of this food is diverted to landfill: Landfills are
the second largest single human source of methane emissions, accounting for 16%
of all methane sources (UNECE) and Methane is 34 times more damaging to the environment than
CO2 (IPCC)
"The Organivore will target, in
particular, the significant segment of the food industry that has challenges
with compliant, sustainable and cost-effective management of food waste,
including restaurants, hotels, cruise ships, food processers and
hospitals," said Alfred Wong, President & CEO of Micron. "We will
initially prioritize the treatment of specialized waste, which has more
contaminants. Specialized waste is more highly-regulated and offers high-margin
opportunities for Micron. Conventional methods of treatment are under
increasing government and regulatory scrutiny, putting pressure on waste
producers to find cleaner and more efficient management strategies."
Khiron Life Sciences Corp., (TSXV:
KHRN) (OTCQB:
KHRNF), a vertically integrated cannabis
leader with core operations in Latin America, today
announced four key additions to its executive team
to strengthen its market reach in Mexico and Chile, and implement its joint venture
initiative with Dixie Brands, a partnership that will bring more than 100
market-leading Dixie brands to the Latin American market.
As Khiron grows to a company of more than
200 employees across four jurisdictions, it continues to execute its market
expansion strategy to deploy a formidable and well-connected team in every
market in which it operates, furthering its first-mover advantage across the
region.
The company appointed John Cooke - VP
Corporate Development, Luis Chavas – Country Manager, Mexico, Rodrigo Azócar –
Country Manager, Chile and Rodrigo Durán – Lead, Dixie Brands Joint Venture0.
Alvaro Torres, Khiron CEO and Director,
commented: "We are excited to announce such a talented team will be
joining Khiron as we continue to expand our market initiatives across various
jurisdictions in Latin America. Their deep commitment and wealth of experience
will be invaluable to the Company's vision, helping us accelerate our market
growth across the region."
CannTrust Holdings Inc. (TSX:
TRST) (NYSE:CTST), announced that
its cultivation and processing permit under Health Canada Cannabis Regulations
was amended to include the final 20% of its Phase 2 expansion. The entire
450,000 sq. ft. of its perpetual harvest greenhouse in Pelham, Ontario, is now
fully licensed.
"We have always been confident that
our processes meet and exceed regulatory standards, and we now have further
validation of this from our regulators," said Peter Aceto, Chief Executive
Officer. "With this approval, CannTrust is set to meet its plan to reach
50,000kg of annualized capacity at the perpetual harvest greenhouse and
continue providing award-winning products in a cost-effective manner."
Inner Spirit Holdings Ltd. (CSE:ISH) (OTC:
INSHF), today
announced that further to the initial investment
and strategic partnership with Tilray, Inc. (NASDAQ:TLRY) and
its wholly owned subsidiary High Park Holdings Ltd. that was announced in
December 2018, Tilray has increased its total investment in Inner Spirit to $6
million by providing the Company with a $1.5 million secured short-term loan at
a rate of 12.0% per annum.
"This additional investment by
Tilray is a testament to the strength of the relationships Spiritleaf has built
with our strategic partners. When you add the initial success of our local
ownership franchise model, the dozen pending corporate stores at high-traffic
locations throughout Alberta, and the additional franchise locations we intend
to open across the country, Spiritleaf is well positioned to execute on its
business plan," said Darren Bondar, President and CEO of Inner Spirit.
The Company also provided an update on
its operations in Ontario as a new Spiritleaf retail store opened in Kingston,
Ontario on April 1, 2019. Store sales have exceeded $230,000 in the first seven
days of operation with more than 4,800 customers served. Under the terms of the
retail and licensing agreement, Spirit Leaf Inc., which is a wholly owned
subsidiary of the Company, receives a retail licensing fee of five percent of
sales with an additional one percent contributed to Spiritleaf's national
marketing fund.
1933 Industries Inc. (CSE:
TGIF) (OTCQX:
TGIFF) a licensed cultivator and producer of
cannabis flower and concentrates and manufacturer of hemp-derived CBD wellness
products, announced the
execution of a licensing agreement dated
April 3, 2019 between House of Hawk, LLC and the Company's subsidiary, Infused
MFG, LLC for the launch of several co-branded CBD wellness products for a
two-year term in North America.
The action sports market is quickly
becoming a champion of the potential benefits of CBD. Infused has been a leader
in this segment since launching its Canna Hemp X™ line in 2018 led by brand
manager David Hafsteinsson. Working in
collaboration with one of the most respected skateboarding names in the world,
Infused will launch several co-branded products, including CBD recovery creams
and lotions, as well as hemp-only recovery creams and lotions. Sold under Canna Hemp™, Canna Hemp X™ and
Birdhouse Skateboards™ ("Birdhouse") names, the new branded products
represent the first collaboration between Birdhouse and a CBD wellness products
manufacturer.
Chris Rebentisch, USA COO and Founder of
Infused stated, "It's truly an honor to be working with Tony Hawk's
Birdhouse Skateboards™ brand and their incredible organization. Birdhouse team
members Clive Dixon, Ben Raybourn, David Loy and Clint Walker will help support
the new partnership via social media. The opportunity of offering our sports
recovery products under a partnership with Hawk's brand Birdhouse adds credence
to our brand. Tony is an internationally recognized action sports figure and
responsible for fuelling the growth of skateboarding as a professional
sport." Mr. Rebentisch added, "Infused recognizes that the action
sports vertical is an underserved market. Our mission is to offer the best of
breed recovery products in the market today and we look forward to working with
Birdhouse in this endeavour."
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